If you bought a car under the CFC Program you may have been scammed by the dealer who sold you the new car! Might be worth checking!
Seeking more cash for their clunkers!
Buyers, dealers scrap over fees!
"The federal Car Allowance Rebate System program gave rebates of $3,500 or $4,500 to car buyers who traded in a gas guzzler when they bought a new vehicle. But although many buyers did not know it, they were also potentially eligible for up to hundreds of dollars more for the scrap value of their old cars.
The law called on dealers to share with customers the estimated amount each trade-in was worth as scrap. The dealers were allowed to keep $50 of that value, with the rest “negotiable between the consumer and the dealer,’’ according to Eric Bolton, a spokesman for the National Highway Traffic Safety Administration, which ran Cash for Clunkers."
http://www.boston.com/yourtown/framingham/articles/2010/01/02/seeking_more_cash_for_their_clunkers/?page=1
01-02-2010, 10:23 PM
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